The BitAdCoin purchase is possible from 00:00 27.04.2023 (London time)

 

I believe this will be the nex big thing !

** The BitAdCoin purchase is possible from 00:00 27.04.2023 (London time).

We have already concluded over 200 contracts with advertising platforms and service providers. Who will use our token as a means of payment after the ICO.
https://bit.ly/bitadsclick
** Buy pre-ICO for $0.04 and sell post-ICO for a minimum of $4
After the ICO, the BitAdCoin will be listed on 4 major exchanges, and these contracts have already been concluded. The BitAdCoin will then cost $4 on the exchange.
Of course you can also sell the purchased tokens in our BAC shop for a minimum of $4. After the ICO, all advertising platforms and service providers will buy the BAC token in our shop.

** Start of PRE-ICO April 27, 2023 to May 7, 2023
From here you can buy the BitAdCoin for $0.04. There are then 3,000,000 BAC for sale.

https://bit.ly/bitadsclick

** IMPORTANT! The 3,000,000 BAC tokens may be sold within 4-6 days, or within 15 hours.
You can find more information about the Pre-ICO and ICO on the website or in the back office (start date, costs, etc.).

** TOP affiliate program
Level 1 - 20%
Level 2 - 5%
Level 3 - 3%
Level 4 - 1%
Level 5 - 1%
(the bonus is paid in BTC, LTC, TRX, ETH, USDT)

** ICO bonus program
When buying BAC tokens during the PRE-ICO and ICO period, you will also get a bonus.
The higher the investment amount, the more bonus you get.
$5 - $25 (0%)
$25 - $100 (10%)
$100 - $500 (15%)
$500 - $2,000 (20%)
$2,000 - $5,000 (30%)

You can only win!
https://bit.ly/bitadsclick
team bitadcoin

 

The Trust Crisis Of Banks Worsens Ensuing Initial Collapse Of SVB. A Plus for Crypto

The US banking sector is facing a crisis of trust following the collapse of Silicon Valley Bank, which has left many Americans, particularly those without insurance for their deposits, anxiously trying to determine if their money is safe. A recent report found that more the 186 banks, or 5% of all banks in the country, are in danger of failing. The article outlines the analysis, identifies the risk factors to watch out for, and explains why investing in cryptocurrency could be a genuine safe-haven option.

Source: SSRN Papers-Full Study

As the above screenshot shows, the study is titled ‘Monetary Tightening and US Bank Fragility in 2023; Mark-to-Market Losses and Uninsured Depositor Runs?’  It was written by four academics from distinguished universities in the United States on March 13th, 2023. 

The report begins with a brief explanation of why so many US banks are at risk of going under and pertains to all the assets banks hold on their balance sheets. These are US bonds (US government debt) and mortgage-backed securities (MBS) (bundles of mortgages). US Bonds and MBSs are the safest assets a bank can hold, at least according to regulators, and why banks tend to invest most of their customers' deposits in US bonds and MBSs.

Images sourced at Investopedia.com

These assets earn interest for the banks and thus make it possible for them to offer services with low or no fees. However, when interest rates rise, the value of US bonds and MBSs decreases. The reasons for this are many, but the main takeaway here is that higher interest rates result in US bonds and MBSs crashing. If the value of these assets falls too much, banks can become temporarily insolvent. 

This insolvency is temporary because when US bonds and MBSs mature, meaning the loan terms end, the bank receives the total value of the underlying asset. Again, the mechanics of this are many, but just know that US bonds and MBSs don't lose money if they are held to maturity, and why banks don't report the losses on US bonds and MBSs when interest rates rise. 

Most information about losses on debt securities held by banks is immersed in the glossaries in their SEC filings. It is not considered a significant problem until that bank has major liquidity issues. It’s because it's not a loss until they sell, and in the case of US bonds and MBSs, they won't lose anything if they hold them to maturity. 

This accounting practice is arguably controversial. These so-called unrealized losses are acceptable if the bank isn't forced to sell any of these assets at a loss, specifically customer withdrawals.  It’s what happened to SVB and why it sank. However, there is one crucial detail to keep in mind. 92.5% of SVB's deposits were uninsured by the Federal Deposit Insurance Corporation (FDIC). 

For context, the FDIC only ensures bank deposits up to $250,000 per account. Any amount above that is considered uninsured. SVB experienced a bank run because its uninsured depositors could see that it had many unrealized losses. This led to speculation that SVB didn't have enough money to honor all withdrawals. 

As such, this bank run may not have happened if most deposits were insured, i.e., under $250K per account. SVB had so many uninsured deposits because the bank provided accounts and banking services primarily to small and medium-sized businesses, startups, and entrepreneurs in Silicon Valley. These clients typically require lots of cash liquidity to pay their employees, make acquisitions, etc. 

Around $9 trillion of bank deposits in the United States are uninsured, roughly 50% of all bank deposits. Banks have been happily investing these uninsured deposits into US bonds and MBSs. The problem is that interest rates have risen, and their unrealized losses have proliferated. At the end of 2022, US banks collectively had unrealized losses totaling more than $600 billion. Interest rates have risen more since then, so these losses are likely even more prominent now.

In short, US Banks have lots of unrealized losses and also lots of uninsured depositors who are concerned that banks can't honor withdrawals because of these unrealized losses. The authors examined over 4,000 banks in the study to see which ones were most at risk and why. 

Unrealized Losses

First, the study highlighted that 42% of all bank deposits had been invested into regular MBSs, with another 24% invested in commercial MBSs, i.e., commercial real estate loans, US bonds, and other asset-backed securities (ABS). The authors then tried to calculate the unrealized losses on these assets. After crunching the numbers, the authors found the following, 

“The median value of banks' unrealized losses is around 9% after marking to market. The 5% of banks with worse unrealized losses experience asset decline of around 20%.” 

Note that ‘marked to market’ means ‘assuming sold today.’ In lay terms, the average American Bank has unrealized losses of around 10%, and 5% of the most vulnerable banks have unrealized losses of 20%. 

So if depositors were to rush and withdraw from these banks, they would get 90% of their money back at the average bank and 80% back at a vulnerable bank. Not surprisingly, these unrealized losses were the smallest for Global Systemically Important Banks (GSIB), including JPMorgan and Bank of America. GSIBs have less than 5% of unrealized losses. The average non-GSIB has 10% unrealized losses, and SVB wasn't even the worst. 

The authors found that more than 11% of US banks had larger unrealized losses than SVB when it collapsed. They estimate that as many as 500 other banks could have failed based purely on unrealized losses. The reason why only SVB went down was because of the high number of uninsured deposits. The authors then provide a series of scenarios to showcase how uninsured depositors could react to rising interest rates.

Uninsured Depositors Waking Up

The first scenario assumes that the uninsured depositors stick around and wait. The other three scenarios surmise they withdraw and invest in other assets, which provides a higher interest rate than a savings account. Understand that insolvency fears related to unrealized losses aren't the only reason why uninsured depositors withdraw money from a bank. 

The primary reason why they would do this is that they want to earn a high-interest rate on their large deposits. This desire for yield increases as interest rates rise. Unfortunately for the banks, it's hard for them to provide competitive interest rates on savings accounts without losing lots of money. This is why many US banks haven't increased their interest rates on savings accounts, despite interest rates increasing. They’re making lots of money off their depositors. However, if they were to raise interest rates on savings accounts, they wouldn't make nearly as much money. 

In the study, the authors assume that most uninsured depositors are sleepy, meaning they aren't rushing to withdraw to earn a higher interest rate elsewhere. However, this is starting to change; besides the banking crisis, the high-interest rates that are still rising in other regions tempt those sleepy uninsured depositors into waking up and moving their money elsewhere. If they do this, banks with large, unrealized losses will start going under as they won't be able to honor all withdrawals. 

How Many Banks At Risk?

Naturally, the authors assess whether banks have enough assets to honor these upcoming withdrawals from uninsured depositors. They assume that the FDIC doesn't close down banks that come under stress, which is significant because the FDIC is likely to do this if banks start getting squeezed. 

The good news is that all bar two American banks have enough assets to honor withdrawals from uninsured depositors. The bad news is that the authors don't specify which two banks are at risk, but they conclude that this little risk means additional bank runs are unlikely for the time being. 

For Good Measure

As an extra, the authors analyzed the possibility of what would happen if uninsured depositors ran. They did a number of simulations of bank runs, from 10% to 100% of uninsured depositors withdrawing their assets. 

Source: SSRN Papers-Full Study

What's concerning is that the ten banks most at risk of experiencing a bank run are large. As the authors cite in the study, 

 “The risk of run does not only apply to smaller banks. Out of the 10 largest insolvent banks, 1 has assets above $1 Trillion, 3 have assets above $200 Billion (but less than $1 Trillion), 3 have assets above $100 Billion (but less than $200 Billion), and the remaining 3 have assets greater than $50 Billion (but less than $100 Billion).” 

Unfortunately, the authors don't specify which banks these are but reveal how sensitive US banks are to bank runs. They concluded that even if just 10% of uninsured depositors withdrew their money from banks, 66 banks would go under. If 30% of uninsured depositors withdrew their money, 106 banks would go under. If half of all uninsured depositors ran, 186 banks would fail. This underscores that at least a few dozen banks are at risk of going under over the coming months. 

This is ultimately due to the fatal combination of significant unrealized losses due to rising interest rates and withdrawals from uninsured depositors seeking higher yields from these rates. The final simulation was if 100% of uninsured deposits withdrew all their assets from US banks. They insisted that this simulation is worth doing to assess the state of the US banking sector. Surprisingly only about half of US banks would go under. 

The authors then conclude by highlighting that the value of assets held by US banks is more than $2 trillion lower than what's being reported, thanks to unrealized losses-based accounting. They reiterate that hundreds of banks are at risk of going under if uninsured depositors withdraw. They warned that even small numbers of withdrawals from uninsured depositors could lead to unrealized losses being realized. This would lead to more bank runs, evolving into an even bigger banking crisis than we've seen. They go as far as to suggest regulations to address this. 

For starters, banks should start changing how they report their unrealized losses so that bank depositors have a better sense of how underwater their banks are. Because of the lack of transparency, the authors manually calculated these unrealized losses using complex maths. The authors acknowledge that this won't solve the insolvency risks many banks face, so they recommend that banks be forced to increase their capital requirements. 

This coincides with what Michael Barr, the Fed’s Vice-chair for Supervision, has been busy doing. Michael had been examining capital requirements for banks before the banking crisis began. Maybe he saw the banking crisis coming or was preparing to take advantage of it to introduce regulations. Michael Bar’s anti-crypto speech indicates the second possibility is the most likely. Michael has been desperate to increase his powers, presumably to consolidate the banking sector to assist in the rollout of a central bank digital currency. 

Be Vigilant of The Risk Elements

Which risk factors should you be aware of when analyzing banks? I am not a financial adviser. Still, my research into this convoluted accounting system revealed that the two main risk factors are unrealized losses and uninsured deposits. It is at risk if your bank has many unrealized losses and uninsured deposits. The problem is that it takes work to estimate these unrealized losses. Moreover, not all uninsured deposits are prone to flight. Remember that most of them are required to pay employees at small companies. 

Also, as mentioned above, most banks with many uninsured deposits tend to be smaller, i.e., not GSIBs. In theory, this makes them inherently riskier than GSIBs. In practice, though, when a non-GSIB goes under, it gets acquired by a GSIB. This means your assets could be safer at a small bank. If you read the article about bank bail-ins, you'll know that GSIBs can be risky. 

If a non-GSIB goes under, it gets acquired by a big bank, and customer deposits are kept, but if a GSIB goes under, customer deposits are used to bail them out. As recently happened with Credit Suisse and its takeover by UBS. The arguably political deal required capital from somewhere to satisfy UBS. According to WSJ, the Swiss government was desperate to avoid the appearance that this was a taxpayer-funded bailout.

GSIBs are also more likely to comply with investment ideologies, like ESG. As discussed in this article, the Bank of America is one of the big institutions behind the ESG movement. Some of its affiliates are introducing individual ESG scores for their customers. 

Small banks may also have challenges because around 80% of commercial real estate loans come from small banks. In addition to being wrecked by higher interest rates, commercial real estate is struggling because people must return to the office. 50% of office spaces in the US are empty. This means that small banks are at a higher risk of sitting on larger unrealized losses, which is consistent with the findings of the study. 

If that weren't bad enough, these losses would likely increase as time passes, even if interest rates start coming down because work from home is probably here to stay. Even if uninsured depositors are less likely to withdraw from small banks due to the purpose of these deposits, just a small number of withdrawals could therefore cause severe issues for small banks. 

The findings of the study suggest this risk is already there. All it takes is 10% of uninsured deposits to move. In sum, small and big banks come with their own risks, and it's up to you to decide which risks you'd instead take. Diversifying your deposits is an option, but the fact that every bank operates using this fractional reserve model means your money will never be genuinely risk-free in their coffers. 

Image credit: Markethive.com

Cryptocurrency To The Rescue

This is where cryptocurrency comes in. Cryptocurrencies ostensibly have only one risk: their current price volatility. There are, of course, risks associated with things like improperly written code, but the largest and most established cryptocurrencies have been battle tested every day for over a decade. 

Aside from that, cryptocurrencies are one of the best hedges against the banking system. When you hold a cryptocurrency, there is no counterparty risk. That crypto is genuinely yours, and there isn't some greedy banker going and investing your crypto into a basket of risky, commercial real estate loans behind your back. 

This characteristic alone makes cryptocurrency valuable. Also, cryptocurrency lets you send a transaction to whoever you want, whenever you want, and for however much you want. This is the true definition of financial freedom, and its importance was fully displayed when Nasdaq halted the trading of bank stocks during the recent banking crisis. 

Nobody can turn off the decentralized cryptocurrency exchange and prevent people from trading. You will always be able to trade. Take a second to consider; that blocking transactions, halting trading, and freezing assets will only become more common as CBDCs are rolled out. This will make the financial freedom aspect of cryptocurrency ever more critical, along with the decentralization that underlies it. 

Without decentralization, crypto's value proposition quickly disappears. That's why instead of wasting time assessing the unrealized losses and uninsured deposits of banks, you should learn about what makes a cryptocurrency genuinely decentralized. After all, the days of commercial banks are numbered; the thousands of existing banks will inevitably consolidate into a handful of mega banks, and governments will nationalize these mega banks. 

Financial freedom in the traditional financial system will be gone when that happens. At the same time, economic freedom in the crypto ecosystem will only continue to grow. By the grace of God, it will rise to the point that it's capable of accommodating the billions of people who will pull out of the traditional financial system as it becomes ever more centralized and ideological. 

Both monetary mechanisms will take years to play out, but it's already clear that the global financial system is splitting into two structures: free and sovereign and one that is not. You now have the once-in-a-millennium opportunity to choose which system to participate in. It’s critical to make that decision before it's made for you. 

This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech. I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

Also published @ Substack.com; BeforeIt’sNews.com; Steemit.com.

 

 

 

 

 

 

The Trust Crisis Of Banks Worsens Ensuing Initial Collapse Of SVB. A Plus for Crypto: The Trust Crisis Of Banks Worsens Ensuing Initial Collapse Of SVB. A Plus for Crypto ...

How To Increase Your Sphere Of Influence In Markethive 

 

We have a lot to be grateful for within Markethive. It’s like stepping out of the rat race into an oasis of humanity at its best. As an inbound marketing, business-based platform with an inherent entrepreneurial spirit, we have all the tools to get our message out to the whole world. We have a social media interface with a collaborative ethos rarely experienced on legacy social media. 

We are starting to see new integrations in the blogging section in preparation for the customized, more intuitive interface and dashboard of Markethive and, of course, the Markethive Wallet that will facilitate the Merchant accounts for members as well as personal transactions, the Vault, etc. 

Image: Updated feature above all Blogs

As shown above, the new-look Blogcasting Hub is located at the top of all blogs in the system. Blogcasting is a term introduced by Markethive and is an enhanced broadcasting system. In the traditional broadcasting sense, only the people who physically subscribe to your blog or newsletter are usually notified of your updates via email. 

With this blogcasting system, your social networks are informed of your blog as and when you publish them. What this means is the potential reach is into the millions.  

For example, If I subscribe to your blog and have 20,000 followers across all my social media accounts, and you have 15,000 subscribers each with a similar following, your blogs have now been potentially seen by around 300,000,000 people. These are people who are not directly subscribed to you. It is known as a “reach” and is extremely powerful. 

 

WP Plugin Article Import

When you use the Markethive blogging system, your content can easily be distributed to your and others’ WordPress sites who subscribe to you. WordPress has been around for years and is a renowned world leader in Blogging platforms. 

It will be integrated into the new Page Making system where all member accounts will receive a WordPress site and be assigned an email for both POP email and default website with an option to assign it to your WordPress or Markethive capture page. 

Markethive’s “Blogcasting” is an excellent solution to the long-term problem of getting the word out legitimately to people who want to hear what you have to say. Blogging is the purest essence of inbound marketing and the core of what Markethive does. 

Image: Inbound Content Marketing Wheel

 

Blog System In Your Storefront Niche

Markethive has successfully combined all the technical and tactical aspects and requirements into one system and overcame the obstacles to make blogging a group process. You can mentor your new associates or offer your customers ongoing support through your Storefront Group. 

Connecting with them through writing blogs and articles consistently with exciting and relevant information will create an authoritative presence, perhaps meet a customer’s need and provide a solution that maybe can’t be recognized in a short advertising message. It can start conversations and is an excellent way to be invited into the consumers’ hearts and minds. 

It helps us be more human in everything we do and in every engagement. It’s about building relationships and connecting at an authentic and genuine level. The most human company wins, and the technology should be used to help your company be more compassionate, receptive, fascinating, and valuable.

Markethive’s Inbound Marketing platform delivers a blogging system built for the beginner, sophisticated for the intermediate, and a compelling platform that advanced professional bloggers will appreciate. The system is designed to develop a complete blog system effortlessly, and easily set up to be the engine that powers your WordPress blogs. 

Image: Drop-down menus on Blogging Platform

 

Blog Subscribe 

The Blog Subscribe feature is where other Markethive members can subscribe to your blog by checking the status of any medium displayed in the drop-down menu. Other sites are to be added, subject to alignment and collaboration of the parties in question going forward. 

When they subscribe (and the potential is 1000s of them), your blog posts are automatically posted to their newsfeeds, email, and any social media accounts they’ve checked. This provides a downstream of subscribers, fellow entrepreneurs at Markethive, who expose their connections to your message; they lift you, increase your popularity, and build more outstanding branding. 

When your blogs are shared and consequently clicked on, they move up in the search rankings. Your readers will want others to know if you're providing quality content. Of course, the only way to make sure your blogs contribute to your website’s popularity is to create unique content, provide answers for visitors, and then share your blogs wherever you can. 

Through the News Feed and Blogcasting Hub, you can promote any products and services globally with a reach into the billions. That is because when people do searches, if the content on your blog is what they are after, they will find you. A very high percentage of the traffic is non-member-related, so many of the people you address on your blog do not even belong to the site.

 
Blog Swipe

The Markethive blog system allows you to make your content available to all members when set on Public upon publishing your blog. The other options are privacy, comments, and swiping are to your friends only, or just to members of all the Groups you belong to, or a selection of them or just one (your choice). You can also set it to Private so no one can swipe your blog.

Why? There are many sound reasons for this.

Curating: 

Content curation is the process of sorting through the vast amounts of content on the web and presenting it in a meaningful and organized way around a specific theme. The work involves sifting, sorting, arranging, and publishing information. Markethive offers features to the groups you create and is the perfect blogging platform. 

The option allows others to reproduce your work with your permission and automatically take an exact copy of your blog to their Markethive Blog System. WordPress plugin enables your blog articles massive syndication to other Markethive members' WordPress blogs.

Simply set up a Curating Group for yourself and Swipe the blogs in Markethive as a collection of content you may want to use in your publications. The new Markethive interface will house a newsfeed specifically for curation to intuitively organize and further our reach. 

Proofing: 

You may have a group of members who want to edit, add, or rewrite your content. It is an active phenomenon in Markethive, offering mentorship to people keen to learn the art of writing and blogging, advancing their presence. 

You may get critiques when you produce a blog, so I just offer them to swipe it, edit and change it as they see fit, and then let me know. If I like it, I swipe it back. It’s all about perpetual learning and the ability to express yourself within a collaborative culture. 

The ability to swipe a Blog makes it so much easier to get started, and new bloggers go from poorly and rarely produced blog posts to 1 or 2 dynamic and excellent on-topic blog posts daily. In other words, thanks to the collaborative culture and mentorship, Markethive is now churning out a new breed of wonderful and dynamic bloggers. 

Cocktails: 

A Markethive feature allows you to create unlimited groups, each with a different cocktail of content curated, aggregated, or from multiple group memberships. So the options to produce unique content for unlimited WordPress blogs controlled from within Markethive are unlimited.

Image: Blogcasting Infographic

 

Ecosystem For Entrepreneurs With Respect

Markethive is blockchain-driven, being integrated on the Solana Blockchain. The Markethive coin is mined when members utilizing the platform as the system rewards you with the Hivecoin Token for using the platform as intended. 

It’s important to note that excessive non-productive actions and engagement for the sole purpose of accumulating the token are not rewarded. Measures have been put in place for fraudulent behavior, which is considered toxic for the professionalism of the platform.  

With all members' creative content in mind, distributed, peer-to-peer data, communications, broadcasting, and marketing foundation are advantages. With distributed decentralized cloud servers, the likelihood of a data crash, central server failure, hacking, and political unrest is heavily mitigated, delivering an extremely stable platform for each subscriber on their merit.

 

Another Advantage Coming

Blogcasting is a Blogging Broadcasting System introduced and enhanced by Markethive. When you use the Markethive blogging system, your content can easily be distributed to your and other WordPress sites. 

Markethive has also built into the system the ability to register your other social network accounts, with more being added as we move forward with the new interface. You can subscribe to your blogs and others, therefore literally distributing content to a vast reach into the billions. 

The added advantage is the Bounty Program that is currently in the works. This means you will be rewarded for registering all your separate accounts through the Markethive platform. Subscribing and following the many Markethive social media accounts will qualify you for the Infinity Bounty Program. 

CEO of Markethive Thomas Prendergast explains the workings and benefits of the upcoming Infinity Bounty Program. 

Regardless of your motivation and drive, Markethive will add to your objectives, broaden your reach, and build your sphere of influence further and more significant than anything before has even attempted to do.

The moment you join Markethive, you have an instant setup of your own “Viral Blog” ready for you to begin posting content and marketing your business, product, service, or even personal content. You’ll be up and running the moment you set up your account! Markethive nurtures the Rise of the Entrepreneur with the Divine Vision to put a great future in your hands.

 

 

 

Also published @ BeforeIt’sNews.com https://beforeitsnews.com/promotional/2022/04/how-to-increase-your-sphere-of-influence-in-markethive-3034.html

 

How To Increase Your Sphere Of Influence In Markethive : How To Increase Your Sphere Of Influence In Markethive  ...

 

MARKETHIVE THE FUTURE OF ALL MEDIA

Innovations that will change the way we work and interact online. 

The Markethive Social Market Broadcasting Network becomes more prominent daily as the blockchain-driven ecosystem for entrepreneurs with a non-adversarial, bi-partisan free speech ethic and the collaborative culture we rarely see on social media platforms today. Even the newer acclaimed, free speech platforms are partisan to the left or right and deal with deplatforming and boycotts from payment providers.

It’s widely notorious that the actions of the tech giants have divided nations and are the source of countless societal harms, including rampant censorship, promoting violent extremism, spreading false information, and unfairly stamping out its competition. 

Instead of improving the user experience to one that users would welcome, legacy big tech is somewhat distracted by its self-induced problems. It’s now under scrutiny by government policymakers with the overall consensus that something should be done to reign in the centralized power or structurally break up the technocracy. 

Facebook is focused on updating the internet with new regulations to appease critics and leverage its Oversight Board to circumvent this. At the same time, Twitter grapples with the idea of integrating a more decentralized approach to the platform, explicitly giving users an algorithmic choice by opening up its news feed to third-party algorithms selected by its users. This could undoubtedly customize the user experience but still be under a central authority. 

 Markethive Goes Next Level

Known for its evolutionary and innovative ethos, Markethive continues to expand its decentralized “all-in-one” platform with the development of a unique news feed interface that completely embodies the user experience (UX) in the framework of “don’t make me think.” A concept brought to light by author Steve Krug, a usability expert, cites that usability is fundamentally about human psychology. 

The book “Don’t Make Me Think” was first written in 2000 and revised in 2013. Since the turn of the century, technology has changed rapidly, but the principles are the same as before. Something is only usable if an average person can figure out how to use it to achieve an outcome. Krug breaks this down into three laws:

 

Image Source: Reading Graphics

Key Quote

“Usability is about people and how they understand and use things, not about technology.

...while technology often changes quickly, people change very slowly.”

Once it is understood how the human brain works, these same insights can continue to be applied even as technology and landscapes evolve. So usability is not just about technology; it’s about understanding how people think and behave to build better things, giving the user a more seamless and more straightforward experience when navigating.

Unlike the social media giants, which only have one primary news feed algorithmically set by the central authorities, Markethive is integrating four news feeds to accommodate the multi-functional platform within the Markethive ecosystem. 

The individual feeds are General, Video, Blogging, and Content Curation, and they are all accessible from the main page and can be algorithmically set by the individual user. The scope that Markethive has is enormous as it integrates all the vertical systems of the other platforms under one roof. 

 

Social + Video + Blogging + Marketing + Curation + Broadcasting + Affiliate + Gamification + Cottage Businesses = Markethive: A Powerful Blockchain-driven Ecosystem 

There is nothing out there like Markethive. We are an Inbound Marketing (automated marketing platform) like Marketo, Paragon, and even the wannabee MLM Onpassive platform. We are like Youtube, Instagram, LinkedIn, Twitter, etc., but will be superior to these legacy Web 2 media when we release all the aspects and layout of Markethive 2.0. 

We have a dynamic social media interface and growing community with a strong collaborative ethos, with SaaS and broadcasting capabilities already operational. We are not waiting for the launch to access the services; they are already there for you to use to help you facilitate your business and increase your reach and following. 

Markethive is enhancing and bringing the platform into the future internet with our new technology and interfaces, but still in keeping with the human touch. The latest updates and integrations are explained in this article.

So What Else Is Coming? 

We will also be a search engine like DuckDuckGo, allowing you to determine your own algorithms to control the outcome. Our new Hosting and Domain Registry coming this year will enable your business to be sovereign as it’s hosted within the Markethive system, along with the opportunity to generate affiliate income.

The Markethive Hosting and Domain Website (NOT LIVE YET)

 

We will have a curation system like Scoop.it (https://www.scoop.it/topic/markethive), as well as a superior conference room like Google Meets (this is in the works) https://meet.google.com/mow-hwei-jsr, plus our own advertising services that you can sell for profit, and to make Markethive a complete ecosystem, we have our own coin, (HiveCoin) wallet, and exchange.

Scoop.it examples of Curation

 

Technology has advanced with Blockchain, and Crypto is becoming ubiquitous, giving rise to the decentralized, privacy, and autonomy components of social media. Something that the established dinosaurs would find near impossible to integrate at its highest level.  

Markethive has not only enjoyed longevity, but it can also integrate cutting-edge and unique systems. It is next-level, delivering every function and aspect available, fitting for the entrepreneur, business, and corporation. A clean design, not cluttered, intuitive for easy navigation, and simple to carry out tasks for all users on every level is crucial for website stickiness and the overall success of our entrepreneurial users.
 
 As quoted by CEO and Founder of Markethive, Thomas Prendergast,

“We are making major changes right now to the entire layout and aspects of the system. It’s a new look, with better navigation and an improved alert system. We are rebuilding the page-making system to be intuitive, inspired by Leadpages, all in preparation for the Wallet. 

All accounts (free and paid) will receive an email and a WordPress site integrated into the Markethive Page Making system. The domain for this will be hive.garden and all members will be assigned their username@hive.garden for POP email and username.hive.garden for your default website where you will have the option to have WordPress or a Markethive capture page assigned.

Understand this major uplifting has been in the works for several months, and we are close to its completion. We have already launched The Boost and The Wheel Of Fortune. The Premium Upgrade will launch once the wallet is integrated and the ability to upgrade to Entrepreneur One will not be available.”

 

The current Entrepreneur One members will continue to enjoy the benefits of the upgrade, including receiving a 1/10th ILP for every year their subscription is active for up to ten years. The benefits are explained further in this article.  https://markethive.com/group/marketingdept/blog/theentrepreneuroneilpspecial

 The New Main Page Interface Explained

The following images are a basic mockup or draft, subject to enhancements, to give you an idea of how the new main page will look with the various news feeds and menus. It is definitely something to look forward to upon its integration. 

Example of Main Page Interface 

 

The format is horizontal, not vertical, like many other websites making it more readable and less time-consuming in terms of navigation. The vertical side menus will be removed, along with the busy text in the blue bar. 

At the top of the main page are the Super Banners. This is prime real estate and specifically for Markethive, the company. Anyone else inside or outside of Markethive wanting to place a banner there will pay top dollar. The real estate below the blue bar is for the markethive community and placement of their banners.

Multiple Pulldown Menus 

Multiple pull-down menus will be replacing the side menus on the main news feed page and the profile page. These are now accessible on one page on the blue bar under Settings, Shopping Cart, and the Notifications bell icon also named Alerts Control. This allows you to configure the blue alerts bar and provides a click menu navigation. In other words, you choose what icons you would like to display. 

All the settings displayed that could only be accessed on the left of the profile page are now accessed on the main interface, including general profile page settings, payments, Vault, ILP purchases, login account, social accounts, and hive ranking. This makes it a lot easier to navigate and is much more intuitive. 

There is also a pull-down menu under Shopping Cart that displays the status of your cart (whether it’s empty or has items pending in it). 

The shopping cart menu takes you to the Markethive store and the Advertising services strictly for the Markethive Press Release program, the Boost, social network broadcasting, digital banner advertising, and video advertising. You will find these services in this pull-down menu as they are introduced. 

A series of upgrades will also be displayed under the shopping cart. Currently, there is the E1 upgrade and upcoming Premium Upgrade to be integrated upon the launch of our internal wallet. There will ultimately be multiple levels of premium upgrades which will all be located in the shopping cart pull-down menu. 

For the purpose of this article, the image below displays all pull-down menus opened and can be accessed by clicking on their respective icon. 

 
Image: Example of Pull-Down Menus

 
Combined News Feed - The New Innovation

Now for the pièce de résistance and Markethive’s claim to fame. The combined news feed interface is a first in the social media environment. It includes the four primary feeds being the general Newsfeed, Blog, Video, and Curation feed. 

So what’s the big deal about a news feed?

The news feed is the heart and lungs of Markethive, and everything around it is the bones or structure of Markethive. It all starts at the center, being the newsfeeds and works outwards and is the dashboard or control center, where every aspect of Markethive is easily accessible. 

The combined pulldown menu also includes the Groups feed, Campaigns, Games, Store, and Email feed, which you can set algorithmically. You choose what and who you want to see in your combined news feed. 

You can choose only to see what you’ve posted, select by geo-location, friends, Tube feed, Blog feed, Group feed, etc. You can access these configuration tools in the tray just above the HTML editor, housing the stats tools, tracking devices, posting tools, sorting and filtering tools, editing, and upload tools.  

Image: Example of Combined News Feed Menu

 
Upgraded associates will be able to post in a news feed with the ability to stylize text (bold, italics, text size, font type, hyperlinks) add embed videos and images, similar to the current blog editor. This will make your posts more dynamic and exciting.

Whatever task you do, you will access it from the combined feed pull-down menu. For example, if you want to upload a video in the Tube Feed, it will open up the tool page for you to upload it. 

You do not leave the main page for any task you perform. This is where you access all your interfaces. E.g., The video upload interface, the blogging platform, the curation control panel, etc. You will be able to add, edit and monitor everything you do right from the main page. 

Whatever you choose to see in your combined feed will be displayed: Videos from the Tube Feed, Blogs, Capture Pages, Groups feed, General postings, everything will be displayed on the page.  
 

Image: Example of Rich Text Editor and Combined Feed Interface
 
 

The Beauty Of Markethive 

Everything is at your fingertips on this one page, making it very intuitive and mobile-friendly. The dynamics will change completely, and you won’t have to navigate individual pages within the Markethive system. All configuration, filtering, and searching are done from the combined news feed interface. 

The new interface will be instantaneous and straightforward to post any content remotely, whether blogs, videos, or general newsfeed posts. Markethive will be infiltrating every corner of the internet universe and become a household name.  

The whole interface is streamlined and purposely created horizontally with minimal to no advertising, so it is not overwhelming for the average and new user. So many websites, blogs, and digital media articles are cluttered with vertical side columns and advertisements, making it annoying and virtually impossible to read or comment on the site. 

Markethive has always been a pioneer and ahead of the curve, initiating a social network before social media became a thing, starting with Veretekk in the nineties. It is a Divine inspiration, a vision that is coming to light. It’s one of integrity and can command authority with its clean, polished new look and navigation.  

So what we have here is an outline of what’s coming in Markethive. There’s more to this unprecedented, monolithic concept and project. All updates and orchestrations are discussed at the Markethive meetings every Sunday at 10 am Mountain Time. (MST)  

You can keep yourself up to date with the latest news and developments of Markethive as they happen. To access the meeting room, go to the Calendar and click on the link provided. See you there! 

So what time is it in your part of the world? Go here to find out. The doors to the meeting room are closed 5 minutes after commencement, and latecomers are denied access, so get there early. 

 

 
 

Thank you to the Founders Thomas and Annette for their insights, inspiration, and dedication to bring the next generation social market broadcasting platform far removed from the chaos of the legacy tech giants.

Our appreciation and gratitude to the team of engineers at Markethive working tirelessly to deliver a completely decentralized ecosystem, impervious to the oppressive forces that have subjugated humanity.  

Thomas affirms that we are building an orchestra consisting of many moving parts that will harmonize, catering to everything we do online and facilitating bringing in the next 100 million people into Markethive this year.  

Our system is based on Ethics, Gospel, and the Holy Spirit and operates differently from other media platforms because it runs on a heavenly frequency. Welcome aboard to all, and be ready for an exciting transition and transformation of Markethive. 
 

 

Also published @ Before It’s News https://beforeitsnews.com/2022/02/markethive-the-future-of-all-media-3022.html

 

 

 

MARKETHIVE THE FUTURE OF ALL MEDIA:   MARKETHIVE THE FUTURE OF ALL MEDIA ...

From ARPANET To INTERNET and BEYOND. Markethive Leading The Way In Web 3 Social and Market Media

 

Markethive Leading The Way In Web 3 Social & Market Media

The term Web 3.0 with the benefits of its 3rd generation technology is widely considered to be the future of the internet and to break away from the centralized status quo. However, there have been heated debates of late with some claiming it will still be controlled by the venture capitalists and whales. They argue that the tech is still relatively centralized, slow, and unable to reach mass adoption. 

One of the few is the dubious Jack Dorsey, CEO of Twitter. You have to wonder what his motivation was for tweeting his opinion...

 

 

From ARPANET To INTERNET and BEYOND. Markethive Leading The Way In Web 3 Social and Market Media: From ARPANET To INTERNET & BEYOND ...

 

FIRST IN 100% DECENTRALIZED SOCIAL MARKET MEDIA - GIANT BLOCKCHAIN CRYPTO PROJECT 

HVC is poised to triumph in the crypto economy.

Cryptocurrencies have many use cases. Some act as a store of value, others power blockchain to make it possible to create trustless digital contracts and permissionless decentralized applications. Some cryptocurrencies are pegged to fiat currency allowing for stable transfers of value, and some underpin protocols that offer decentralized data storage and video streaming. 

Each of these use cases requires a particular set of blockchain attributes and economic incentives. Many say that there is no single cryptocurrency project that can do it all; however, there is one that comes very close in a field that has been, for the most part, put in the too-hard basket by the majority. 

Who Dares Wins 

Markethive is a monolithic blockchain project currently operating as a social network, an entire inbound marketing platform with email, blogging, and digital media capabilities that broadcast to the vast internet. It’s a complete Market Network and the first of its kind. 

Markethive is predominantly a free system where users can access a platform that can cost more than $2,500 offered by other marketing platforms. There are, of course, upgrades that open up more tools and monetization opportunities, the first being the Entrepreneur One Loyalty Program, and coming soon is the Premium Upgrade. 

The many domains Markethive has and its autonomous cloud systems that ensure its sovereignty and longevity make it untouchable and immune from the tech giants’ rule and biased agenda. But can still remotely infiltrate the social media platforms and reach the multitudes either locked in or looking for an alternative meritocratic medium.

In other words, wherever you go, Markethive is there, anywhere and everywhere, delivering its message via its community of entrepreneurs to a far-reaching audience. This next-generation social market media is poised in the wings, and when the time is right, it will emerge as a shining light to lift people up and bring financial sovereignty and hope in this gloomy and uncertain world.  

The video platform, conference rooms, the unique four specific news feeds currently in development, and many other projects and incentives add to the credibility and need for an ecosystem in the social media and digital marketing space. 

In 2018, Markethive released its coin, with the ticker symbol of MHV that enabled the distribution of the coin to the members within the Markethive system by way of infinity airdrops and subsequently a micropayment faucet. The coin is currently in the process of being labeled with a new name, HiveCoin, with the ticker symbol HVC. 

Now in the final stages of BETA, Markethive will officially launch with the release of its first wallet developed from scratch to service the community’s needs. This is Markethive’s internal web wallet, with the end goal of a wallet app accessible from your smartphone (external wallet) that includes built-in messaging, news feeds, e-commerce, conference rooms, etc., with the highest security measures. 

Meanwhile, the growing user base is accumulating their native coins, Hivecoin (HVC), in anticipation of the release when they transact using HVC within the Markethive system and externally.

What Sets The Markethive Coin (HVC) Apart?

The Markethive platform enables the users to earn HiveCoin cryptocurrency with everything they do and are paid for their loyalty. The Vault is an innovative concept that allows Markethive members to stake their coins, similar to a bank account. The more coins held in your vault, the higher the micropayments received, and then there’s the monthly interest paid to you based on the number of coins in your coin clip.

The company issues these micropayments, incentives, and rewards, not just the users, which is commonplace and the only form of payment in other crypto-based platforms. However, Markethive has a tipping protocol the people can utilize and substitutes the like button. 

It isn’t only a social media network or inbound marketing platform; it lends itself to the cottage industry concept allowing members to monetize the various initiatives Markethive is developing, starting the Banner Impressions Exchange. It’s also where entrepreneurs can facilitate and promote their personal businesses to a built-in audience as well as a springboard to the far regions of the internet. 

In Markethive’s all-encompassing ecosystem, the objective of the Markethive coin (HVC) is to be utilized as a form of payment rather than just selling it (pump and dump scenario). This gives a purpose and actual use case for HVC, equalizing the velocity and increasing coin value. 

Bitcoin has established itself as a store of value that affects the value of most other altcoins, albeit positively or negatively at any given time. However, if a coin or project’s use case and utility are credible, it can result in a parabolic shift, increasing in price, without riding on Bitcoin’s coattails. 

 

The Markethive Blockchain 

Markethive is currently situated on the Ethereum Blockchain while in BETA. However, Markethive aims to utilize a 3rd generation Blockchain developed by Cardano and Elrond. These Blockchain protocols have the advanced capabilities to produce the distributed database system Markethive requires. 

This ensures that all data that the extensive user base inherently creates in a social media environment is decentralized and safely integrated and stored on the blockchain, including all forms of content, videos, images, etc.

It is considered a  mammoth task for a blockchain and not conducive for an established social media platform like Facebook with its trillions upon trillions of data already in its system. Markethive conceived and initiated this blockchain protocol, making it easier to integrate. We just had to wait for the right technology to surface.  

Thanks to technology evolution, the Markethive social market network’s ability to build a massive database management blockchain can only be done on a 3rd generation blockchain platform like Cardano or Elrond. The Markethive blockchain will be forked off the 3rd generation blockchain, with HVC being a native token, a fungible multi-asset token. 

Native tokens represent value and act as an accounting unit, which can be used for payments and transactions and sent to an exchange address. Native means that these tokens are supported by the main chain’s accounting ledger without the need for additional smart contracts, as the ledger features built-in support to track ownership and transfer of more than one type of asset.

Ethereum blockchain issues tokens through a custom coded smart contract, which issues a non-native token. This token won't have all the advantages of Ethereum, and you have to pay for smart contract execution every time you move your token. This is why people complain about Ethereum fees being so high. It's not very efficient, leaving the door open for human error when coding smart contracts.

The low cost in transactional fees and the increased throughput into the thousands make the Cardano and Elrond blockchains a favorite in future generation blockchains. A sustainable, scalable financial operating system is becoming a reality. 

 

HiveCoin And ILP Smart Contracts - The Markethive Ecosystem

The Markethive  ILP smart contracts that the entrepreneurs have recognized as valuable and acquired will work seamlessly in the background on the Markethive blockchain forked off a 3rd generation blockchain. At the same time, the HiveCoin (HVC) will be used as a medium of exchange and will continually be circulating, earned, and accumulated by users within the Markethive economy.

It allows us to be completely decentralized financially with complete autonomy and protection of our intellectual property, ascertaining a viable and comprehensive ecosystem. This bodes exceptionally well for the Markethive ecosystem and benefits all participating in it. 

Essentially the Markethive ecosystem will have its own financial operating system within the new global financial operating system or future of internet money envisioned by the architects of the emerging technology, strides ahead of the initial technology of Bitcoin and Ethereum.  

Markethive - Staunch And Benevolent Vision

Markethive’s vision is a fully decentralized social network inbound marketing platform integrated and operated on a massively distributed database system, the internal giant blockchain, controlled by a smaller external blockchain Markethive’s Dapp wallet will utilize. 

This is a very advanced technology Markethive is integrating at which no other platform is doing or will attempt to do. It is a vast undertaking and needs to be done right so security is not compromised, on all levels, hence the methodical and time-consuming approach. Markethive is incomparable to any other media platform and, although touted it that couldn’t be done, is 90% done. 

It’s about looking after the community, the products and projects, the use, and the utility. Getting it right, being clever and evolutionary will pay huge dividends in the mid to long term for everyone in the ecosystem. Markethive is always focused on where we are going and why we are going there in the mission, giving economic sovereignty and identity to all, especially those that don’t have it. 

I know it’s hard to get your head around. Most people don’t comprehend what we have in our midst with Markethive but rest assured, this gigantic all-in-one platform current flying under the radar will be a life-changing positive force of how we work, earn, and socialize online. 

Come to our Sunday meetings at 10 am MST as we approach massive major upgrades and be the first to know about it. See and hear explanations, ask questions, and witness the ever-evolving technology and concepts of Markethive as we stay one step ahead of tyrannical technocrats.  The link to the meeting room is located in the Markethive Calendar. See ya there.

 

 

 

 

Also published on Before It’s News:first-in-100-decentralized-social-market-media-giant-blockchain-crypto-project

 

 

 

 

 

 

FIRST IN 100% DECENTRALIZED SOCIAL MARKET MEDIA - GIANT BLOCKCHAIN CRYPTO PROJECT :   FIRST IN 100% DECENTRALIZED SOCIAL MARKET MEDIA - GIANT BLOCKCHAIN CRYPTO PROJECT  ...

 

MARKETHIVE UPDATES AND INTEGRATIONS

• Wallet in final draft mode

• Staking the Markethive Way

• Staying One Step Ahead 

Markethive started out as a sophisticated inbound marketing platform with a social media interface harvesting a robust collaborative culture. The entrepreneurs of the Markethive community have been using the free system and tools, promoting their businesses, and branding themselves across the internet with much success. 

With the advent of Blockchain technologies, Markethive set its path on an unprecedented journey of combining marketing, social media, digital broadcasting, e-commerce, gamification, etc., with cryptocurrency and decentralized Blockchain, distributed ledger technology. An ongoing project of massive proportion to deliver sovereignty, financial and self, and freedom of self-expression for all equitably, without bias. 

Markethive is a Vision from the Divine Source. Its mission is to fill the vacuum for the world's entrepreneurs - To empower and enrich the lives of every individual on every level across the globe. And the timing couldn’t be more perfect as we witness the soul-less destruction, tyranny, and surveillance of humanity gift wrapped and delivered to us as protection and for our own good. 

We are building an ecosystem, and there’s an absolute need and use for our coin (HVC) for everything we do; therefore, the potential for the open market to accept and embrace HiveCoin is very promising. Binance has done similar to what Markethive is doing. You can read about its rise to success as an ecosystem in this article.   https://markethive.com/group/marketingdept/blog/theriseofbinanceakintothemarkethivejourney

 

Wallet In Final Draft Mode

The Markethive web wallet is in the final draft mode and has various functionalities. It’s currently being built on Ethereum and is a mechanism that has been developed from scratch to service the needs of the community. This is Markethive’s internal wallet, with the end goal of a wallet app accessible from your smartphone (external wallet) that includes built-in messaging, news feeds, e-commerce, and security measures. 

Notably, active Entrepreneur One members will be the first phase of receiving the initial internal wallet upon release. It’s also important to note that the Entrepreneur One membership will no longer be available when the wallet launches. 

If you're considering taking advantage of all the benefits of the E1 upgrade for $100 monthly, which includes 1/10 of an ILP per year, go to the Membership Upgrade tab on your home page. Time is running out for this offer. Entrepreneur One Upgrade Explained.
 
Click here to learn more about the ILP (Incentivized Loan Program)

 

The Vault Has A New Home

Apart from documenting your reports, history, balances, and transfers of HVC, ETH, and other top altcoins, the Markethive wallet will display a live chart tracking the progress of the HVC value in real-time. Your HiveCoin balance total is shown, including the HVC you have staked, which means what you have deposited into the Vault and rewards you with additional HVC also displayed, thereby increasing your portfolio. 

The wallet also houses the Vault, which displays your Markethive Credits, subscriptions, and statements. The Vault, already in operation within the Markethive back office, is where you currently purchase Markethive Credits to pay for your subscriptions and various services; however, all the functions of the Vault are being upgraded and are accessible in the wallet, so it’s fundamentally a comprehensive economic center for the Hive.

The image below is a mock-up of the internal wallet to get an idea of what’s coming. 

 

What Are Markethive Credits?

A Markethive Credit is similar to a stable coin and is what generates all of the activity. One Markethive Credit = $1usd. These credits can be purchased through the Vault section of the wallet via Bitcoin, Ethereum, credit/debit card, or Paypal.  

You can pay for anything through the Vault such as the Banner Advertising Impressions, the Boost, Press Releases, and Sponsored Articles, gaming activities, and more as these services are implemented and introduced into the Markethive system.
Your Vault credit can be used to buy ILPs and future upgrades that will unlock extra services and incentives. These will follow once the wallet is launched. 

 

Better Than A Bank Account

Utilizing the Vault by having an ongoing threshold balance of Markethive Credits can be very lucrative. In other words, keeping a certain amount in the Vault above your monthly commitments (subscriptions) that are debited will award you compound interest paid in HVC of up to 5% and deposited directly into your CoinClip or Wallet. 

 

How Is the Interest Calculated?

Markethive releases coins into the market, in contrast to mining, via Airdrops, Bounties, Faucets, or Micropayments. Keeping a designated threshold of Markethive credits in the Vault is a form of staking. Staking generates interest, meaning you are paid additional HVC based on how many coins you hold and your other activities in Markethive.

Your Hive Rank score adds to your daily interest and can be a significant multiplier. Your CoinClip Score is determined by the spread of earned and current balance of HVC. Essentially, if you send coins out of the system, you lower your score for staking. If you bring coins into the system, you increase your score. 

ILPs count as coins, so buying ILPs can significantly increase your staking rewards. Upgrading your membership adds to your staking interest, and logging in every day is rewarded with an additional interest increase.

Transferring any chosen amount of HiveCoin, HVC, from your wallet into the Vault for a set time period (e.g., 30 days) will earn interest also. Essentially, you are staking those delegated coins, and the higher the balance of staked coins, the more interest earned. You can choose to keep it in the vault and accumulate or transfer it to your wallet for transactional purposes. 

 

Image source: Fool.com What Is Crypto Staking

What Is Staking In The World Of Crypto? 

Staking is a way to put your crypto to work and earn rewards on it. Staking in general crypto terms is how many of the cryptocurrency blockchain projects verify their transactions, allowing participants to earn rewards on their holdings. 

Staking simply stands for holding a delegated amount of cryptocurrency in your wallet for a fixed period and is integral to the Proof of Stake protocol and a way of supporting the blockchain of a cryptocurrency in which you’ve invested.

Staking is available with cryptocurrencies that use the proof-of-stake model to process payments. This is a more energy-efficient alternative to the proof-of-work model, which requires mining devices that use computing power to solve mathematical equations.

 

Staking - The Markethive Way

In the case of the Markethive, the Vault section of your wallet is where you can stake the coins you hold and is an easy and passive way to earn income. The rewards and interest that one gains from staking vary depending on the length of the time, the amount of HVC staked, and Hive Ranking. 

Because Markethive includes the Markethive Credit threshold balance in its staking protocol, it would be advantageous for you to keep it above the threshold along with an increasing Hive Rank enabling you to earn the maximum amount of interest. The Vault will notify you if you go below the threshold. 

By buying or earning HiveCoin and banking it in the Vault, you are essentially burning the coin, and it is a good thing, as explained in this article on how Markethive creates coin velocity. There are many ways to burn crypto coins which is advantageous to the wealth and health of the currency. 

In this instance, to burn the HiveCoin means pulling the coin out of the marketplace and staking or holding it in the Vault, so there’s less supply. The less supply, the greater the demand, which in turn increases the price of the coin. 

So there are three types of currency in Markethive. The HiveCoin, (HVC), the ILP Tokens, and the Markethive Credits. And remember that the Markethive Credits are always equivalent to $1usd of which you buy products and services. Keep in mind the more you use the vault, the higher the interest rate. The more you use the system, the higher the interest rate. 

The four facets scored for stake interest are Hive Rank, Coin Clip score, Loyalty Level, and Attendance Bonus as illustrated in the schematic below. Also, total interest is paid on both your vault balance and coin clip, or wallet balance, and the interest on this combined total is paid at the end of each month. 

 
CEO of Markethive, Thomas Prendergast, reported in a recent email to all in the Markethive community, 

“The wallet is in its final draft and design. How long this can take is still to be determined, but we already have a working wallet. When the interface is completed, then we will announce the wallet to be released. I don’t easily get excited, but this has me rather anxious as this is a major milestone of the many milestones we have reached.”

 

Meanwhile, Two New Systems Implemented 

Two other vital upgrades were accomplished this week: 

1. New registration and login system. 
2. Markethive support ticket portal. 

Markethive’s registration and login system is now owned and operated by Markethive. This is important as we now do not have to rely or depend upon 3rd parties such as Oneall Login API Services. 

You choose which email networks you would like to log in with, and the ability to log in with your domain email will be integrated. When logging in with the new system for the first time, enter your email or username. The system will recognize you have an account and send an email with a link to log in initially.

Once logged in, go to Login Networks in your settings and add the other networks displayed. There will be more added as we move forward. 

The social networks you have linked to your Markethive account are now for remote broadcasting only with the added advantage of the bounty program that is in the works. This means you will be rewarded for registering all your separate accounts through the Markethive platform and by subscribing and following the many Markethive social media accounts will qualify you for the Infinity Bounty Program. 

Markethive Ticket Support is now active. This system enhances personalization, keeps records and information on all tickets you generate. You can upload documents and prioritize your queries, streamlining the support process. 

Ticket support can be found at the far right on the blue bar on the Home page. Fine-tuning to this system is still required, so your feedback when using the ticket support will be much appreciated. 

Now, our Telegram Support Channel can become a support for the Markethive community. It will be a place where people can ask questions or seek assistance from other Markethive associates about anything they may need help with—Eg., uploading a video, etc. 

These two new implementations make Markethive a more independent force, galvanizing its armor protecting its community from the oligarchs’ control and oppressive antics where many have fallen victim. Markethive - A sanctuary from the world chaos and storm that is brewing with intensity. 

Come to our Sunday meetings at 10 am MST as we approach massive major upgrades and be the first to know about it. See and hear explanations, ask questions, and witness the ever-evolving technology and concepts of Markethive as we stay one step ahead of tyrannical technocrats.  The link to the meeting room is located in the Markethive Calendar. See ya there.